The Property Law Centre
Commercial Property, Business Transactions & Commercial Leasing
Why clients come to us?
We are property law specialists, so commercial property and leasing is our day‑to‑day work too. Our advice is practical, our pricing is transparent, and we keep transactions moving. Contact us for a no-obligation discussion about your commercial property or lease.
Commercial Property & Business Transactions
Buying or selling a commercial property or a business is often a bigger commitment than a residential transaction. We act for purchasers, vendors, landlords, tenants and lenders across Auckland, and we work to commercial timeframes.
How we can help:
- Due diligence done properly. We review the title, LIM, resource consents, seismic reports, existing leases and any body corporate material and report to you.
- Agreements drafted and negotiated. Whether it is a sale and purchase of land or an asset sale, we draft or review the agreement and negotiate the conditions that protect you.
- Business sales and purchases. Assets, goodwill, stock, plant and equipment, restraints of trade, employee transfers, GST treatment and the assignment of the lease. We can assist.
- GST and tax structuring. Commercial transactions frequently turn on GST treatment and the zero-rating rules. We raise this at the outset, not at settlement.
- Finance and security. We act on your bank’s loan and security documents, including mortgages, GSAs and guarantees, and we make sure you understand what you are signing.
- Settlement. We manage the settlement statement, apportionments of rent and outgoings, and registration with LINZ.
Talk to our friendly team
Commercial Leasing
A lease will govern your business premises for years, and the obligations run well beyond the rent. We act for both landlords and tenants and we make sure the lease reflects what was actually agreed.
How we help:
- New leases. We prepare and negotiate ADLS deeds of lease and bespoke leases, covering term, rights of renewal, rent reviews and permitted use.
- Reviewing a lease before you sign. We explain the practical effect of outgoings, seismic provisions, no-access clauses, make-good obligations and personal guarantees.
- Rent reviews and renewals. We advise on market and ratchet reviews, exercising rights of renewal, and the timeframes that must be met.
- Assignments and subleases. Selling your business or taking on part of a premises – we handle landlord’s consent, deeds of assignment and subleases. We also act for Assignors and Assignees
- Variations, surrenders and disputes. We document changes to the lease and assist where things go wrong, including rent arrears and breach notices.
- Agreements to lease. We prepare agreements to lease for premises still being built or fitted out, and see them through to the final deed.
